3 days ago
Fed's Bostic Says He Still Expects One Interest-Rate Cut in 2025
Federal Reserve Bank of Atlanta President Raphael Bostic said he continues to see one interest-rate cut as appropriate in 2025 if the labor market remains solid.
'For the rest of this year, I still have one cut on my outlook,' Bostic said Wednesday during an event in Red Bay, Alabama. 'That also is predicated on the notion that labor markets stay solid. If they weaken considerably, that balance of risks starts to look differently and the appropriate path will look different as well.'
